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The Central Bank Raised Interest Rates Second Times During The Year &Nbsp; &Nbsp; Deposit And Lending Rates Increased By 25 Basis Points.

2010/12/25 18:34:00 77

People'S Bank Of China Raises The Benchmark Interest Rate For Renminbi Deposits And Loans Of Financial Institutions

  

People's Bank of China

Decides that since December 26, 2010

Raising the benchmark interest rate for Renminbi deposits and loans of financial institutions

The benchmark interest rates for the one-year lending and lending rates of financial institutions were increased by 0.25 percentage points respectively, and the benchmark interest rates for other grades were adjusted accordingly (see table).


Schedule:


Adjustment of the benchmark interest rate for Renminbi deposits and loans in financial institutions


Unit:%


 
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